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Covid-19 demand update: Oil seen down 10.4%, jet fuel down 31%, road fuel down 10.5% in 2020

From rystadenergy.com

Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus in our lives and offers updated estimates for global fuel markets. As a result of recent developments, with travel restrictions, quarantine obligations and new government policies announced daily around the world, we are making frequent updates to most of our estimates. Below are some of our forecasts from the just-published seventh edition of the report. Please note that some historical numbers may differ from week to week as governments revise their official figures. Global oil demand: In another consecutive revision ... (full story)

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  • Category: Fundamental Analysis